Minor correction regarding calculation of key ratios

In the interim report for the first quarter 2020 that was published by Hoist Finance on 6 May 2020, there was a minor error in the calculation of the key ratios Return on Equity and Earnings per share. The correction refers to the deduction of interest expenses on AT1 capital instruments. It does not have an impact on any other key ratios nor on the Financial statements for the quarter.

Return on Equity is corrected from -7 per cent to -6 per cent. Return on Equity, excluding items affecting comparability, is corrected from 5 per cent to 4 per cent.

Basic and diluted Earnings per share is corrected from SEK -0.69 to SEK -0.73. Basic and diluted Earnings per share, excluding items affecting comparability, is corrected from SEK 0.61 to SEK 0.57.

An amended version of the interim report is available on the company website www.hoistfinance.com.

For further information, please contact:
Andreas Lindblom, Head of Investor Relations
Telephone: +46 (0) 72 506 14 22

About Hoist Finance
Hoist Finance is a trusted debt resolution partner to individuals, companies and banks in eleven European countries. With over 1600 dedicated colleagues, smart digital solutions and a deep understanding of individual financial circumstances, we help over six million customers keep their commitments. This is achieved by agreeing on sustainable repayment plans so that everyone is included within the financial ecosystem. Hoist Finance has a diverse portfolio of asset classes and our online savings platform in Sweden and Germany enables our unique funding model. Hoist Finance was founded in 1994 and is today a public company listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.